Media mogul Kerry Packer dies
SYDNEY, Australia (AP) — Australia’s richest man, media and gambling mogul Kerry Packer, has died, his family said in a statement Tuesday. He was 68.
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- Packer’s son to take over Australian media group
- Casino to Honor Kerry Packer
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- PBL, Melco buy Macau casino rights for $900 mln
Gambling casinos history:
- Horse racing is the best known and widespread parimutuel betting event. Horse racing is the only form of partimutuel wagering legal in California.
- Charles Fey invented the first slot machine way back in 1895. He went on to perfect his initial innovation in 1907, when he teamed with Mills Novelty Company who manufactured the "Mills Liberty Bell".
- The brand new resort, Wynn Las Vegas recently opened on the Las Vegas Strip. At a cost of approximately $2.7 billion, the Wynn Las Vegas features 2,700 guestrooms and suites, casino (table games, over 1900 slots/video poker machines, poker room with race and sports book), several restaurants, a night club, golf, a shopping esplanade and a show called Le Reve.
- Video Poker machines were introduced in the 1970s, when an oil embargo had a negative impact on Vegas revenues. The machines were popular enough to spark a recovery in casino business.
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